IFAD’s Annual Report and Highlights for 2016 have just been published. People from across the organization have contributed and the report contains a wealth of information on the year’s work and results – stories, facts, figures and analysis.
Here’s a snapshot of the ongoing portfolio and new approvals during the year.
- 211 ongoing programmes and projects funded by IFAD in partnership with 97 governments.
- IFAD’s investment in the ongoing portfolio was worth US$6.0 billion.
- Domestic contributions and external cofinancing for the ongoing portfolio amounted to US$7.3 billion.
- The total ongoing Programme of Work amounted to US$13.4 billion.
- 24 new programmes and projects were approved in 2016 funded by loans, DSF grants and ASAP grants worth US$823.2 million
- 53 new grants were approved in 2016 worth US$56.9 million.
The AR map in the front cover of the main report shows ongoing projects by region and by country. It also shows ICOs – both operational (40) and planned (4) − and proposed subregional hubs (8).
At the time of publication of AR2016 (June 2017), total IFAD loan and grants approved since 1978 were worth US$18.5 billion and the programmes and projects we support had reached about 464 million people.
Here are the portfolio management highlight numbers by region (from the Programme of work chapter):
West and Central Africa
- 41 ongoing projects in 23 countries
- US$1,244.4 million invested by IFAD in the region’s ongoing portfolio
- New investments of US$76.5 million approved in 2016 for a new project in Mauritania, and additional financing for ongoing projects in Cabo Verde, Niger and Sao Tome and Principe
- 1 new results-based country strategic opportunities programme (RB-COSOP) for Nigeria
East and Southern Africa
- 44 ongoing projects in 17 countries
- US$1,471.0 million invested by IFAD in the region’s ongoing portfolio
- New investments of US$232.9 million in 5 new programmes and projects in Eritrea, Ethiopia, Rwanda, Zambia and Zimbabwe, and additional financing for 1 ongoing project in Madagascar
- 4 new RB-COSOPs for Burundi, Ethiopia, Malawi and Tanzania
Asia and the Pacific
- 61 ongoing projects in 21 countries
- US$2,052.5 million invested by IFAD in the region’s ongoing portfolio
- New investments of US$184.2 million in 5 new programmes and projects in Cambodia, India, Lao People’s Democratic Republic (2 projects) and Viet Nam, and additional financing for ongoing projects in Mongolia and the Philippines
- 3 new RB-COSOPs in China, Indonesia and Pakistan
Latin America and the Caribbean
- 31 ongoing projects in 18 countries
- US$511.2 million invested by IFAD in the region’s ongoing portfolio
- New investments of US$142.1 million in 8 new programmes and projects in Argentina, Brazil, Cuba, Ecuador, El Salvador, Guyana, Nicaragua and Peru
- 3 new RB-COSOPs for Argentina, Brazil and Colombia
Near East, North Africa and Europe
- 34 ongoing projects in 18 countries
- US$754.2 million invested by IFAD in the region’s ongoing portfolio
- New investments of US$139.1 million in 5 new programmes and projects in Djibouti, Kyrgyzstan, Morocco, Republic of Moldova and Tunisia, and additional financing for an ongoing project in Sudan
- 1 new RB-COSOP for Turkey
Not just numbers
The Annual Report is more than just numbers. Read the stories from the field and hear from some of the rural women and men that IFAD invests in. In Nigeria, young farmer Peter Okonkwo has doubled his yields as a result of the Value Chain Development Programme. In Madagascar, IFAD has enabled rural residents to gain legal rights to their land. A TV soap opera in Laos – My Happy Family – has spread the word about good nutrition for children and adults. In a remote and arid region of Brazil, a cooperative run by women is making money processing wild and native fruits. In the West Bank, a young couple who cultivate strawberries have used a loan to increase greenhouse planting space, enabling them to sell early for the highest prices.
This week, as part of a Partner Spotlight running 17-21 July, GFAR Secretariat will share these stories from different regions around the world where IFAD investments have made an impact on the lives of small farmers and poor producers.
The Foreword to the Annual Report Highlights for 2016 by IFAD President, Gilbert F. Houngbo, can be accessed here.
This news is adapted from a blog post by Hazel Bedford, IFAD Annual Report Coordinator, and is part of our Partner Spotlight this week on IFAD.
GFAR Secretariat is turning the spotlight on the work and collective actions of Partners in GFAR who share in our mission to strengthen and transform agri-food research and innovation systems globally. Not a GFAR partner yet? Join now!